Markets

ABCON advocates integration of BDCs into I&E forex window

by HOPE MOSES-ASHIKE

April 23, 2018 | 6:26 pm

The Association of Bureaux De Change operators of Nigeria (ABCON) is recommending a process of integration of the BDC into the Investors and Exporters (I&E) forex windows. The I&E forex window was created in April 2017 by the Central Bank to cater to invisible transactions (capital repatriation, dividend remittances, loan repayments, loan interest repayments, software…